By Mark Baber
September 10 – Real Madrid’s revenue figures for 2012-13 show the club is getting richer and richer, having again achieved a record revenue total, significant profits and paying off debt at a rapid rate.
According to a club statement: “Real Madrid’s revenue totals €520.9 million, its net profit amounts to €36.9 million, and its net debt has shrunk by 27.4%.
“Real Madrid closed the 2012-13 fiscal year with a turnover of €520.9 million, 1.3% more than in the previous period, thus becoming the only sports entity in the world in far surpassing the €500 million revenue barrier for the second consecutive year.
“Earnings before taxes total €47.7 million, 47.8% more than in the previous period while net profit is €36.9 million, 52.4% above the previous fiscal year.”
The figures do not include recent spending on players, including the €100 million Gareth Bale transfer. However, Madrid’s policy of large investment in players has consistently proved successful in financial terms and the club enjoys spectacular levels of revenues from match day, television and commercial sponsorships.
With new commercial deals coming on stream, including a five-year shirt sponsorship deal with Emirates – reportedly worth at least €25 million per year – and the continuing competitive advantage of selling its broadcast rights on an individual basis, the prospects for the richest club in the world becoming yet richer look good.
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